Pennsylvania State Lottery Sets Annual Revenue Record
The 2017-2018 fiscal year turned out to be another jackpot-hitting year for the Pennsylvania Lottery, having set new records for both prize pay-outs and ticket sales. Maintaining a top spot among the United States’ highest grossing gaming entities, the Pennsylvania Lottery sold more than $4.2 billion in tickets, the highest since the $41 billion that it brought in previously during the 2015-2016 fiscal year. According to the lottery’s...
Mount Airy to Build Mini-Casino in Beaver County Next Year
Pennsylvania’s Beaver County might have just hit the jackpot. Monroe County-based Mount Airy Casino has recently purchased over 100 acres of land near the Pennsylvania Turnpike and Interstate 376 where it is reportedly going to build a mini-casino and entertainment complex in Big Beaver. Mount Airy Pittsburgh, the casino, is expected to go live in late 2019 bringing with it hundreds of jobs and potentially millions in gambling tax...
Sands Bethlehem’s Table Games Revenue Declines for 3rd Month
As far as table games in Pennsylvania go, Sands Casino Bethlehem has always been the king. However, recent revenue statistics are beginning to shake the casino’s stranglehold over the throne, something that is beginning to become more and more noticeable especially because the decline has been for three straight months. To begin with, in May 2018, the casino generated $19.6 million in table games revenue – while this was the highest...
Pennsylvanian Poker Rooms Rake In $4.6 Million in January
According to recent financial figures posted by Pennsylvania’s Gaming Control Board, the state’s 10 land-based poker rooms generated revenues amounting to a total of $4.6 million in January 2018. All the ten casinos paid state taxes of a $648,000 on the revenue. Since the first poker room was officially opened in Pennsylvania, the casinos have enjoyed poker rakes of up to $436.1 million with over $56 million in taxes being paid on...